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    <description>Interest received from a co-operative bank was treated as eligible for deduction under section 80P(2)(d) on the basis of earlier jurisdictional High Court and Tribunal decisions that regarded co-operative banks as co-operative societies for this purpose. The disallowance was set aside and the assessee&#039;s deduction claim was allowed. The alternative grounds were rendered academic.</description>
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      <description>Interest received from a co-operative bank was treated as eligible for deduction under section 80P(2)(d) on the basis of earlier jurisdictional High Court and Tribunal decisions that regarded co-operative banks as co-operative societies for this purpose. The disallowance was set aside and the assessee&#039;s deduction claim was allowed. The alternative grounds were rendered academic.</description>
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